School officials say a subcontractor fell at a new school construction site in Louisiana and later died. News outlets report that the subcontractor fell around 14 feet while working at the Bullion Primary School construction site in Ascension Parish. He …
American International Group Inc. bought into the People’s Insurance Co. (Group) of China Ltd. as a cornerstone investor in its initial public offering more than six years ago. Since that time — early December 2012 — Hong Kong’s benchmark Hang …
BlackBerry Ltd. on Wednesday filed a patent infringement lawsuit accusing Twitter Inc. of illegally using technology in its mobile messaging applications that had been developed by the former smartphone maker. The lawsuit said Twitter wrongly sought to compensate for being …
U.S. companies installed more robots last year than ever before, as cheaper and more flexible machines put them within reach of businesses of all sizes and in more corners of the economy beyond their traditional foothold in car plants. Shipments …
HDI Global Specialty SE, the new specialty lines insurer, has acquired Neon Underwriting’s bloodstock team. The team is led by Mark Edwards, who has been Neon’s head of Specialty and class underwriter bloodstock/livestock since 2008. Edwards brings with him a …
Randall & Quilter Investment Holdings Ltd. announced that its wholly owned European subsidiary, Accredited Insurance (Europe) Ltd., has signed a new program underwriting partnership with Stabilis MGA Ltd., a UK managing general agent (MGA) that sells private motor insurance. Colin …
Sequoia Capital has backed a London-based cyber-security startup founded by a trio of former banking analysts, who were surprised how often documents such as deal-term sheets were accidentally emailed to the wrong person. Tessian Ltd. has received $40 million to …
Brazilian Senate committees on Wednesday passed a bill to tighten dam safety in the country, after a mining dam owned by Vale SA burst and killed an estimated 300 people in the town of Brumadinho. The legislation, which tightens safety …
Financial markets are still at risk of disruption if there is a no-deal Brexit, Britain’s Financial Conduct Authority said on Wednesday. FCA Chief Executive Andrew Bailey told a House of Lords committee that despite a number of measures being taken, …
European insurers Allianz and Generali are vying with U.S. rival Liberty Mutual to invest in the bancassurance business of Spanish lender BBVA, four sources familiar with the matter told Reuters. The sale, led by Bank of America, kicked off towards …
